ZEST launches with high-value sniper trades: Trader earns approximately $277,000 profit after paying about $343,000 in "bribe fees"
2026-05-20 13:56
According to Lookonchain monitoring, a trader employed a sniping strategy to trade the token ZEST early in its launch, paying approximately 536.88 BNB (around $343,000) as a "bribe fee" to secure priority transaction execution.
The trader then invested another approximately $600,000 USDT to buy about 18.3 million ZEST at the opening stage, bringing the total cost to roughly $943,000.
Subsequently, the trader sold all holdings, recovering about $1.22 million, ultimately realizing a net profit of approximately $277,000. This incident once again highlights the prevalence of MEV (Maximal Extractable Value) and sniping activities in on-chain trading during the launch phase of new tokens.
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